CTA: Keep Driver Inc. Companies Out of Federal Large Company Relief Program Wednesday May 13, 2020 | Admin & Tax, Business Conditions, COVID-19, Labour/HR/Driver Shortage, News Releases CTA applauded Ottawa’s decision to provide bridge loans to large companies who have exhausted access to credit as a result of COVID-19 and is encouraged that the government will put conditions to block certain companies from using public money to fund unscrupulous operations.
Federal Labour Force Survey Numbers Reflect Dim Findings of CTA’s Business Conditions Report Friday May 08, 2020 | Business Conditions, COVID-19, Labour/HR/Driver Shortage, News Releases Federal data is supporting the Canadian Trucking Alliance’s recent findings that, despite being an essential service, the trucking industry is far from immune to the economic shocks brought on by the COVID-19 crisis and that federal aid is required to provide much-needed relief to trucking companies.
US Economy Shrinks 4.8% due to COVID; ATA Economist Surprised at Extent of Damage Friday May 01, 2020 | Business Conditions, COVID-19 The U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the gross domestic product figures April 29.
CTA Asks Carriers to Complete Business Conditions Survey Friday May 01, 2020 | Business Conditions, COVID-19, Labour/HR/Driver Shortage, Operations & Safety The Canadian Trucking Alliance (CTA) is conducting a follow-up to its initial Business Conditions survey in April.